A short sale is the sale of a property for which the lender is willing to accept less than the amount still due for the mortgage. Although a short sale does less damage to a person`s creditworthiness than a seizure, it is still a negative credit mark. Any type of real estate sale that is described by a credit company as “unpaid as agreed” is one thing on a credit score. Therefore, short selling, seizures and facts instead of foreclosure have a negative effect on a person`s loan. There are real estate agents who are very experienced in short selling, although you should look for them. It might be wise, even though there will be a commission, to look for one and build a relationship. You can use their experience and mandated forms for contracts and write the additions based on the information to modify the agreements according to your wishes…

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